Moultrie Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Moultrie averaged
6.9%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
6.95% and
one month ago for the week of 2023-10-19, the
average rate was 7.24%.
Moultrie's average rate one year ago was 6.12%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.79%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Moultrie 30 Year Fixed Rate | 2023-11-22 | 6.9% |
Moultrie 30 Year Fixed Rate Refi | 2023-11-22 | 7.79% |
Moultrie 15 Year Fixed Rate | 2023-11-22 | 6.87% |
Moultrie 15 Year Fixed Rate Refi | 2023-11-22 | 7.17% |
Moultrie 30 Year FHA | 2023-11-22 | 0.2% |
Moultrie 30 Year FHA Refi | 2023-11-22 | 0.1% |
Moultrie 30 Year USDA | 2023-11-22 | -0.1% |
Moultrie 30 Year USDA Refi | 2023-11-22 | -0.2% |
Moultrie 30 Year VA | 2023-11-22 | 0% |
Moultrie 30 Year VA Refi | 2023-11-22 | -0.2% |
Moultrie Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Moultrie, GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Moultrie Average Closing Costs & Other Stats
Moultrie, GA's 54 lenders originated 525
loans during 2022. The total origination value was $96,745,000, with an average loan value of
$184,276.
Moultrie's average closing costs are $4,949.
The top Moultrie lender as defined by loan originations is QUICKEN LOANS, LLC, with
16 loans originated. Their average total fees are
$6,288, which is $2,399
higher than the next largest lender,
Ameris Bank.
The lowest fee Moultrie lenders (with over 10 loans originated) are
Ameris Bank ($3,889), QUICKEN LOANS, LLC ($6,288), .
The lowest rate Moultrie lenders (with over 10 loans originated) are
Ameris Bank (4.56%), QUICKEN LOANS, LLC (5.05%), .
Moultrie, GA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $18,055,000 | $10,090,000 | -44.1% | 10.4% |
The First, A National Banking Association | $10,950,000 | $9,640,000 | -12.0% | 10.0% |
Ameris Bank | $11,035,000 | $7,775,000 | -29.5% | 8.0% |
Flagstar Bank, FSB | $1,145,000 | $5,815,000 | 407.9% | 6.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $12,410,000 | $2,810,000 | -77.4% | 2.9% |
Renasant Bank | $2,040,000 | $2,775,000 | 36.0% | 2.9% |
Mortgage Research Center, LLC | $2,125,000 | $2,755,000 | 29.6% | 2.8% |
SOUTHEASTERN Credit Union | $235,000 | $2,560,000 | 989.4% | 2.6% |
Commercial Banking Company | $2,800,000 | $2,205,000 | -21.3% | 2.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,095,000 | $1,675,000 | 53.0% | 1.7% |
21ST MORTGAGE CORPORATION | $2,525,000 | $1,650,000 | -34.7% | 1.7% |
Wells Fargo Bank | $6,295,000 | $1,595,000 | -74.7% | 1.6% |
HOMESTAR FINANCIAL CORPORATION | $930,000 | $1,535,000 | 65.1% | 1.6% |
DOMINION FINANCIAL SERVICES, LLC | $1,445,000 | n/a | 1.5% | |
South State Bank | $1,390,000 | $1,390,000 | 0.0% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $2,315,000 | $1,340,000 | -42.1% | 1.4% |
AMERISAVE MORTGAGE CORPORATION | $1,695,000 | $1,315,000 | -22.4% | 1.4% |
Colony Bank | $3,620,000 | $1,310,000 | -63.8% | 1.4% |
MORTGAGE INVESTORS GROUP, INC. | $930,000 | $1,220,000 | 31.2% | 1.3% |
LOANDEPOT.COM, LLC | $2,265,000 | $1,040,000 | -54.1% | 1.1% |
UNITED WHOLESALE MORTGAGE, LLC | $680,000 | $1,030,000 | 51.5% | 1.1% |
AMERICAN FINANCING CORPORATION | $265,000 | $1,000,000 | 277.4% | 1.0% |
NAVY FEDERAL CREDIT UNION | $1,375,000 | $1,000,000 | -27.3% | 1.0% |
Thomasville National Bank | $655,000 | $995,000 | 51.9% | 1.0% |
Synovus Bank | $1,690,000 | $970,000 | -42.6% | 1.0% |
NEWREZ LLC | $850,000 | $950,000 | 11.8% | 1.0% |
GMFS LLC | $280,000 | $815,000 | 191.1% | 0.8% |
BROKER SOLUTIONS, INC. | $735,000 | $800,000 | 8.8% | 0.8% |
Truist | $920,000 | $725,000 | -21.2% | 0.7% |
Pinnacle Bank | $415,000 | $655,000 | 57.8% | 0.7% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $405,000 | $630,000 | 55.6% | 0.7% |
SOUTHWEST STAGE FUNDING, LLC | $285,000 | $630,000 | 121.1% | 0.7% |
UNITED | $545,000 | n/a | 0.6% | |
Guardian Bank | $165,000 | $540,000 | 227.3% | 0.6% |
CROSSCOUNTRY MORTGAGE, LLC | $525,000 | n/a | 0.5% | |
AgFirst Farm Credit Bank | $430,000 | $505,000 | 17.4% | 0.5% |
Envision Credit Union | $490,000 | n/a | 0.5% | |
I. H. MISSISSIPPI VALLEY CREDIT UNION | $455,000 | n/a | 0.5% | |
NEW DAY FINANCIAL, LLC | $420,000 | n/a | 0.4% | |
BANKSOUTH MORTGAGE COMPANY, LLC | $415,000 | n/a | 0.4% | |
FREEDOM MORTGAGE CORPORATION | $1,560,000 | $415,000 | -73.4% | 0.4% |
Bank of America | $695,000 | $400,000 | -42.4% | 0.4% |
Blue Ridge Bank | $385,000 | n/a | 0.4% | |
JPMorgan Chase Bank | $835,000 | $385,000 | -53.9% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $545,000 | $375,000 | -31.2% | 0.4% |
Wyndham Capital Mortgage, Inc. | $375,000 | n/a | 0.4% | |
TC FEDERAL BANK | $325,000 | $370,000 | 13.8% | 0.4% |
GEORGIA'S OWN | $355,000 | n/a | 0.4% | |
UNION HOME MORTGAGE CORP. | $770,000 | $345,000 | -55.2% | 0.4% |
FIRST COMMERCE CREDIT UNION | $390,000 | $335,000 | -14.1% | 0.3% |
MILEND, INC. | $335,000 | n/a | 0.3% | |
NexBank | $325,000 | n/a | 0.3% | |
TOP FLITE FINANCIAL, INC. | $300,000 | n/a | 0.3% | |
TOWNE MORTGAGE COMPANY | $575,000 | $295,000 | -48.7% | 0.3% |
ANGEL OAK HOME LOANS LLC | $320,000 | $290,000 | -9.4% | 0.3% |
Capital City Home Loans, LLC | $135,000 | $285,000 | 111.1% | 0.3% |
PeoplesSouth Bank | $45,000 | $285,000 | 533.3% | 0.3% |
Flint Community Bank | $275,000 | n/a | 0.3% | |
DIRECT LENDERS, LLC | $235,000 | n/a | 0.2% | |
MY MORTGAGE, INC. | $235,000 | n/a | 0.2% | |
GSF Mortgage Corporation | $215,000 | n/a | 0.2% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $95,000 | $215,000 | 126.3% | 0.2% |
Carrington Mortgage Services, LLC | $735,000 | $210,000 | -71.4% | 0.2% |
ARC HOME LLC | $420,000 | $205,000 | -51.2% | 0.2% |
BETTER MORTGAGE CORPORATION | $1,325,000 | $205,000 | -84.5% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $205,000 | n/a | 0.2% | |
Nations Lending Corporation | $205,000 | n/a | 0.2% | |
Platinum Home Mortgage Corporation | $195,000 | n/a | 0.2% | |
The Federal Savings Bank | $350,000 | $195,000 | -44.3% | 0.2% |
AMERIFIRST FINANCIAL CORPORATION | $185,000 | n/a | 0.2% | |
AmeriHome Mortgage Company, LLC | $155,000 | $185,000 | 19.4% | 0.2% |
Bank of England | $230,000 | $175,000 | -23.9% | 0.2% |
PREMIER LENDING, INC. | $175,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $115,000 | $165,000 | 43.5% | 0.2% |
Citibank | $165,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $160,000 | n/a | 0.2% | |
PLANET HOME LENDING, LLC | $155,000 | n/a | 0.2% | |
Citizens Community Bank | $205,000 | $150,000 | -26.8% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $135,000 | n/a | 0.1% | |
Goldwater Bank, N.A. | $135,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $125,000 | n/a | 0.1% | |
ACOPIA, LLC | $155,000 | $115,000 | -25.8% | 0.1% |
Citizens Bank | $115,000 | n/a | 0.1% | |
LIBERTY HOME MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $105,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $105,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $105,000 | n/a | 0.1% | |
Discover Bank | $100,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $95,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $440,000 | $95,000 | -78.4% | 0.1% |
GUARANTEED RATE, INC. | $85,000 | n/a | 0.1% | |
USAA Federal Savings Bank | $585,000 | $85,000 | -85.5% | 0.1% |
COUNTRYPLACE MORTGAGE, LTD. | $75,000 | n/a | 0.1% | |
Fifth Third Bank | $75,000 | n/a | 0.1% | |
WINGS FINANCIAL | $75,000 | n/a | 0.1% | |
STATE EMPLOYEES' | $65,000 | n/a | 0.1% | |
Figure Lending LLC | $50,000 | $55,000 | 10.0% | 0.1% |
Regions Bank | $55,000 | n/a | 0.1% | |
Lakeview Community Capital, LLC | $95,000 | $25,000 | -73.7% | 0.0% |
Moultrie's top lender by overall market share is QUICKEN LOANS, LLC, with 10.4% market share. In second place, with 10.0%, is The First, A National Banking Association, having originated $9,640,000 in loans. In third place, with 8.0%, is Ameris Bank, having originated $7,775,000 in loans. In fourth place, with 6.0%, is Flagstar Bank, FSB, having originated $5,815,000 in loans. In fifth place, with 2.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $2,810,000 in loans.
Moultrie Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Moultrie (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $158,675 (5.9%) | $208,924 (6.1%) | 0.00 | 123 |
2018-02-01 | $159,900 (7.2%) | $203,725 (2.8%) | 0.00 | 126 |
2018-03-01 | $159,900 (10.3%) | $203,425 (2.4%) | 0.00 | 126 |
2018-04-01 | $164,700 (17.6%) | $206,022 (3.7%) | 0.00 | 129 |
2018-05-01 | $164,800 (15.7%) | $205,335 (5.0%) | 0.00 | 136 |
2018-06-01 | $164,500 (24.2%) | $212,101 (12.3%) | 0.00 | 133 |
2018-07-01 | $156,650 (16.1%) | $211,456 (12.7%) | 0.00 | 135 |
2018-08-01 | $152,450 (4.1%) | $202,739 (3.1%) | 0.00 | 131 |
2018-09-01 | $157,500 (7.6%) | $196,058 (0.9%) | 0.00 | 139 |
2018-10-01 | $153,675 (3.0%) | $185,222 (-7.5%) | 0.00 | 137 |
2018-11-01 | $154,900 (1.7%) | $190,588 (-5.7%) | 0.00 | 127 |
2018-12-01 | $149,900 (-3.3%) | $193,561 (-6.2%) | 0.00 | 111 |
2019-01-01 | $158,400 (-0.2%) | $196,064 (-6.2%) | 0.00 | 107 |
2019-02-01 | $154,900 (-3.1%) | $191,861 (-5.8%) | 0.00 | 118 |
2019-03-01 | $160,850 (0.6%) | $200,420 (-1.5%) | 0.00 | 112 |
2019-04-01 | $169,339 (2.8%) | $214,938 (4.3%) | 0.00 | 105 |
2019-05-01 | $164,925 (0.1%) | $210,328 (2.4%) | 0.00 | 107 |
2019-06-01 | $188,250 (14.4%) | $222,691 (5.0%) | 0.00 | 98 |
2019-07-01 | $189,900 (21.2%) | $230,097 (8.8%) | 0.00 | 102 |
2019-08-01 | $189,900 (24.6%) | $228,397 (12.7%) | 0.00 | 100 |
2019-09-01 | $189,900 (20.6%) | $224,295 (14.4%) | 0.00 | 97 |
2019-10-01 | $189,900 (23.6%) | $221,017 (19.3%) | 0.00 | 94 |
2019-11-01 | $191,700 (23.8%) | $222,216 (16.6%) | 0.00 | 90 |
2019-12-01 | $187,450 (25.1%) | $220,063 (13.7%) | 0.00 | 76 |
2020-01-01 | $191,150 (20.7%) | $223,810 (14.2%) | 0.00 | 69 |
2020-02-01 | $187,450 (21.0%) | $223,809 (16.7%) | 0.00 | 71 |
2020-03-01 | $192,700 (19.8%) | $226,308 (12.9%) | 0.00 | 68 |
2020-04-01 | $177,450 (4.8%) | $213,283 (-0.8%) | 0.00 | 73 |
2020-05-01 | $185,000 (12.2%) | $225,700 (7.3%) | 0.00 | 66 |
2020-06-01 | $191,175 (1.6%) | $222,453 (-0.1%) | 0.00 | 65 |
2020-07-01 | $199,900 (5.3%) | $235,005 (2.1%) | 0.00 | 58 |
2020-08-01 | $199,900 (5.3%) | $225,763 (-1.2%) | 0.00 | 54 |
2020-09-01 | $196,150 (3.3%) | $225,313 (0.5%) | 0.00 | 48 |
2020-10-01 | $202,950 (6.9%) | $234,334 (6.0%) | 0.00 | 46 |
2020-11-01 | $202,950 (5.9%) | $238,176 (7.2%) | 0.00 | 47 |
2020-12-01 | $217,175 (15.9%) | $256,509 (16.6%) | 0.00 | 42 |
2021-01-01 | $221,950 (16.1%) | $268,664 (20.0%) | 0.00 | 35 |
2021-02-01 | $237,400 (26.7%) | $252,160 (12.7%) | 0.00 | 44 |
2021-03-01 | $229,900 (19.3%) | $234,733 (3.7%) | 0.00 | 43 |
2021-04-01 | $274,500 (54.7%) | $270,312 (26.7%) | 0.00 | 29 |
2021-05-01 | $282,450 (52.7%) | $291,267 (29.1%) | 0.00 | 28 |
2021-06-01 | $261,175 (36.6%) | $271,032 (21.8%) | 0.00 | 28 |
2021-07-01 | $269,900 (35.0%) | $299,811 (27.6%) | 0.00 | 27 |
2021-08-01 | $229,925 (15.0%) | $282,606 (25.2%) | 0.00 | 42 |
2021-09-01 | $222,498 (13.4%) | $273,234 (21.3%) | 0.00 | 46 |
2021-10-01 | $222,500 (9.6%) | $290,630 (24.0%) | 0.00 | 42 |
2021-11-01 | $238,225 (17.4%) | $301,807 (26.7%) | 0.00 | 36 |
2021-12-01 | $225,000 (3.6%) | $272,735 (6.3%) | 0.00 | 40 |
2022-01-01 | $204,950 (-7.7%) | $252,631 (-6.0%) | 0.00 | 41 |
2022-02-01 | $173,450 (-26.9%) | $272,985 (8.3%) | 0.00 | 41 |
2022-03-01 | $189,900 (-17.4%) | $284,098 (21.0%) | 0.00 | 42 |
2022-04-01 | $166,950 (-39.2%) | $256,888 (-5.0%) | 0.00 | 43 |
2022-05-01 | $248,675 (-12.0%) | $271,707 (-6.7%) | 0.00 | 46 |
2022-06-01 | $267,475 (2.4%) | $294,636 (8.7%) | 0.00 | 41 |
2022-07-01 | $262,000 (-2.9%) | $270,750 (-9.7%) | 0.00 | 44 |
2022-08-01 | $218,500 (-5.0%) | $258,128 (-8.7%) | 0.00 | 45 |
2022-09-01 | $258,725 (16.3%) | $268,554 (-1.7%) | 0.00 | 46 |
2022-10-01 | $255,000 (14.6%) | $253,549 (-12.8%) | 0.00 | 55 |
2022-11-01 | $250,000 (4.9%) | $246,446 (-18.3%) | 0.00 | 67 |
2022-12-01 | $249,500 (10.9%) | $250,963 (-8.0%) | 0.00 | 78 |
2023-01-01 | $271,000 (32.2%) | $297,642 (17.8%) | 0.00 | 38 |
2023-02-01 | $270,250 (55.8%) | $278,293 (1.9%) | 0.00 | 44 |
2023-03-01 | $292,175 (53.9%) | $286,362 (0.8%) | 0.00 | 42 |
2023-04-01 | $299,900 (79.6%) | $296,239 (15.3%) | 0.00 | 32 |
2023-05-01 | $287,200 (15.5%) | $295,630 (8.8%) | 0.00 | 36 |
2023-06-01 | $303,750 (13.6%) | $322,082 (9.3%) | 0.00 | 45 |
2023-07-01 | $285,000 (8.8%) | $335,392 (23.9%) | 0.00 | 50 |
2023-08-01 | $297,500 (36.2%) | $355,569 (37.8%) | 0.00 | 47 |
2023-09-01 | $299,000 (15.6%) | $359,413 (33.8%) | 0.00 | 49 |
2023-10-01 | $302,450 (18.6%) | $359,312 (41.7%) | 0.00 | 54 |
Moultrie's median listing price comes in at 0% of the national average.
Moultrie's average listing price for 2023-10-01 was $359,312, a difference of $105,763 (41.7%) versus the prior year and $-101 versus the prior month.
For the 2023-10-01 period, Moultrie had 54 MLS listings, a difference of 5 listings (10%) versus the prior month and -1 listings (-2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Moultrie (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,014 sqft |
2018-02-01 | 0 days | 1,913 sqft |
2018-03-01 | 0 days | 2,009 sqft |
2018-04-01 | 0 days | 2,048 sqft |
2018-05-01 | 0 days | 2,082 sqft |
2018-06-01 | 0 days | 2,104 sqft |
2018-07-01 | 0 days | 2,082 sqft |
2018-08-01 | 0 days | 2,022 sqft |
2018-09-01 | 0 days | 2,014 sqft |
2018-10-01 | 0 days | 2,006 sqft |
2018-11-01 | 0 days | 2,019 sqft |
2018-12-01 | 0 days | 2,044 sqft |
2019-01-01 | 0 days | 2,072 sqft |
2019-02-01 | 0 days | 1,938 sqft |
2019-03-01 | 0 days | 1,939 sqft |
2019-04-01 | 0 days | 1,979 sqft |
2019-05-01 | 0 days | 1,994 sqft |
2019-06-01 | 0 days | 2,115 sqft |
2019-07-01 | 0 days | 2,059 sqft |
2019-08-01 | 0 days | 2,060 sqft |
2019-09-01 | 0 days | 2,060 sqft |
2019-10-01 | 0 days | 2,060 sqft |
2019-11-01 | 0 days | 2,113 sqft |
2019-12-01 | 0 days | 2,064 sqft |
2020-01-01 | 0 days | 2,077 sqft |
2020-02-01 | 0 days | 2,123 sqft |
2020-03-01 | 0 days | 2,122 sqft |
2020-04-01 | 0 days | 2,067 sqft |
2020-05-01 | 0 days | 2,108 sqft |
2020-06-01 | 0 days | 2,070 sqft |
2020-07-01 | 0 days | 2,169 sqft |
2020-08-01 | 0 days | 2,153 sqft |
2020-09-01 | 0 days | 2,176 sqft |
2020-10-01 | 0 days | 2,176 sqft |
2020-11-01 | 0 days | 2,139 sqft |
2020-12-01 | 0 days | 2,561 sqft |
2021-01-01 | 0 days | 2,650 sqft |
2021-02-01 | 0 days | 2,537 sqft |
2021-03-01 | 0 days | 2,519 sqft |
2021-04-01 | 0 days | 2,666 sqft |
2021-05-01 | 0 days | 2,533 sqft |
2021-06-01 | 0 days | 2,136 sqft |
2021-07-01 | 0 days | 2,319 sqft |
2021-08-01 | 0 days | 2,106 sqft |
2021-09-01 | 0 days | 2,039 sqft |
2021-10-01 | 0 days | 2,111 sqft |
2021-11-01 | 0 days | 2,073 sqft |
2021-12-01 | 0 days | 1,820 sqft |
2022-01-01 | 0 days | 1,821 sqft |
2022-02-01 | 0 days | 2,022 sqft |
2022-03-01 | 0 days | 1,904 sqft |
2022-04-01 | 0 days | 1,953 sqft |
2022-05-01 | 0 days | 2,062 sqft |
2022-06-01 | 0 days | 2,370 sqft |
2022-07-01 | 0 days | 2,356 sqft |
2022-08-01 | 0 days | 1,977 sqft |
2022-09-01 | 0 days | 1,959 sqft |
2022-10-01 | 0 days | 1,944 sqft |
2022-11-01 | 0 days | 2,035 sqft |
2022-12-01 | 0 days | 2,052 sqft |
2023-01-01 | 0 days | 2,141 sqft |
2023-02-01 | 0 days | 1,873 sqft |
2023-03-01 | 0 days | 1,998 sqft |
2023-04-01 | 0 days | 1,877 sqft |
2023-05-01 | 0 days | 1,928 sqft |
2023-06-01 | 0 days | 1,999 sqft |
2023-07-01 | 0 days | 1,876 sqft |
2023-08-01 | 0 days | 2,028 sqft |
2023-09-01 | 0 days | 1,926 sqft |
2023-10-01 | 0 days | 1,913 sqft |
Moultrie's median square footage for active listings during the 2023-10-01 period was 1,913 sqft. One year prior, the average listing was 1,944 sqft.
Moultrie, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 274 | $50,770,000 | $185,292 |
Cash Out Refi | 106 | $20,680,000 | $195,094 |
Refi | 102 | $21,350,000 | $209,314 |
Home Improvement | 28 | $1,890,000 | $67,500 |
Other | 13 | $1,635,000 | $125,769 |
NA | 2 | $420,000 | $210,000 |
Moultrie's most frequently cited loan purpose was Home Purchase, with 274 originations. The 2nd most popular reason was Cash Out Refi, with 106 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 120 | $21,670,000 | $180,583 |
3-4% | 111 | $21,615,000 | $194,730 |
4-5% | 111 | $22,645,000 | $204,009 |
6-7% | 53 | $7,665,000 | $144,623 |
2.5-3% | 29 | $5,965,000 | $205,690 |
7-8% | 24 | $2,600,000 | $108,333 |
Over 8% | 11 | $925,000 | $84,091 |
<2.5% | 4 | $610,000 | $152,500 |
During 2022, Moultrie's most frequently originated rate bucket was 5-6%, with 120 originations.
Loan Sizing (Moultrie, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 201 | $29,635,000 | $147,438 |
$200k-400k | 154 | $40,520,000 | $263,117 |
$100,000 or less | 145 | $8,995,000 | $62,034 |
$400k-600k | 17 | $8,155,000 | $479,706 |
$600k-1000k | 4 | $2,760,000 | $690,000 |
$Over $1MM | 4 | $6,680,000 | $1,670,000 |
Moultrie's loan sizing saw the bucket of loans from $100k-200k with 201 originations, totaling $29,635,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 225 | $44,305,000 | $196,911 |
60-80% | 137 | $26,515,000 | $193,540 |
40-60% | 44 | $6,430,000 | $146,136 |
20-40% | 31 | $3,305,000 | $106,613 |
Under 20% | 12 | $710,000 | $59,167 |
Over 100% | 9 | $2,055,000 | $228,333 |
Moultrie's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 225 originations, totaling $44,305,000 in origination value.